Vietsovpetro has commenced production of crude oil at the Ca Tam oilfield in Block 09-3/12 offshore southern Vietnam.
Covering an area of nearly 6,000km², the block lies in water ranging from 15m to 60m deep in Cuu Long basin.
The first oil was produced from CTC1-WHP platform at the rate of 1,630t per day. The platform is tied to the existing facilities in Vietsovpetro’s Block 09-1
Construction of the CTC1-WHP platform was initiated in March last year. The platform is the crucial component of the Ca Tam field development.
Vietsovpetro’s Research and Engineering Institute provided design and engineering services for the platform, which was certified by Vietnam Register and Lloyd’s Register.
Under the Production Sharing Contract signed between Vietnam Oil & Gas Group and a consortium of Vietsovpetro (55%), PVEP (30%) and Bitexco (15%) in September 2012, Vietsovpetro has been designated as the operator of the block.
Part of the contract area surrendered by VRJ in 2009, Block 09-3/12 is located 160km to the Southeast of Vung Tau, adjacent to the Vietsovpetro-operated fields Rong, Gau Trang and Bach Ho.
Based on a forecast, Ca Tam field is set to offer commercial production until the end of 2032.
The company is expected to secure steady production this year and plans to promote its exploration activities in other blocks going forward.